Generation Z and younger millennials have the misfortune of being ready to buy a home amid a prohibitively expensive housing market.
As the youngest generation of adults looks to buy their first home, they’re finding it’s often cheaper to just keep renting than to invest in a mortgage right now.
Some are waiting out the unwelcoming housing market with a seemingly endless cycle of rent payments, but some are biting the bullet and purchasing now.
“We bought so our money wouldn’t go to someone else’s mortgage,” a Gen Z homeowner and new mother of a baby boy in Virginia told The Daily Wire.
She and her husband wanted to own land, she said. They plan on putting a few extra thousand dollars toward the principal of their mortgage every year, and they also invested in a larger down payment to get a lower fixed interest rate.
“There are ways to manipulate the system, but again, you…
